Aluminium Market 2021 Opportunities and Analysis by Global Manufacturers: Rusal, Rio Tinto, Alcoa, EGA, Yinhai Aluminum, Xinfa Group, Norsk Hydro, Alba, Chalco, SNTO, Noranda Aluminum, Glencore, Matalco

Aluminium Market Report provides detailed analysis of Growth Factors of the market as well as it gives an analysis of the Market size, Latest trends, SWOT Analysis by Regions and Forecasted market research data until 2026. The Aluminium market report has studied key opportunities in the market and influencing factors which are useful to the business. The report also maps the qualitative and quantitative impact of various market factors like macro-economic indicators, PPP, Epidemiological data, Insurance scenario and patent and IP information, Government Policies and business regulations along market attractiveness as per segments.

According to our latest research, the global Aluminium size is estimated to be xx million in 2021 from USD 87030 million in 2020, with a change of XX% between 2020 and 2021. The global Aluminium market size is expected to grow at a CAGR of 1.7% for the next five years.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Aluminium Market: Rusal, Rio Tinto, Alcoa, EGA, Yinhai Aluminum, Xinfa Group, Norsk Hydro, Alba, Chalco, SNTO, Noranda Aluminum, Glencore, Matalco, Jiangyin Tianyang Metal, Luoyang Wanji Aluminium, Kumz, Aluar, Henan Haihuang and others.

Industry News and Updates:

Rusal plans spin-off in green aluminium push

May 19 2021 — Russian aluminium producer Rusal plans to demerge its high-carbon smelters and refineries into a new company so that it can focus on the fast-growing market for “green” aluminium.

Under a break-up plan announced on Wednesday, Rusal will change its name to AL+ and keep its 12 most modern smelters and refineries as well as important mining assets. It will also retain a near 28 per cent stake in metals group Norilsk Nickel, which pays large dividends.

Rusal is working on a carbon-free way of mass-producing aluminium, which is used in everything from wind turbines to cars. This involves replacing the carbon anode used in smelting with a new material that releases oxygen rather than CO2. However, it faces fierce competition from rivals including Rio Tinto and Alcoa.

Rio Tinto makes first sale of aluminium-scandium alloy for 3D printing

March 10, 2021: MONTREAL-- Rio Tinto has signed an agreement to provide a first commercial batch of high-performance aluminium-scandium alloy from its North American operations to Amaero, a leader in metal additive manufacturing. This first sale is being delivered through Rio Tinto’s unique position as a producer of both aluminium and scandium, and its technical capability to develop specialised alloys.

Under the agreement, Rio Tinto will deliver alloy billets made of responsibly produced, low carbon aluminium from its hydro-powered Canadian smelters and high purity scandium oxide from its Rio Tinto Fer et Titane (RTFT) metallurgical complex in Sorel-Tracy, Quebec. The billets will be processed by Amaero into powder for 3D printing and offered to the market for high temperature applications.

The scandium oxide will be supplied from a new plant Rio Tinto is building in Sorel-Tracy, Quebec, bringing the first North American supply source to the world. The plant will use an innovative recovery process developed by Rio Tinto scientists to extract high purity scandium oxide from the waste streams of titanium dioxide production, without the need for any additional mining.

Global Aluminium Market Split by Product Type and Applications:

This report segments the market on the basis of Types are:

Aluminum Billets Series 1000
Aluminum Billets Series 3000
Aluminum Billets Series 6000
Others

On the basis of Application, the market is segmented into:

Transportation Industry
Packaging Industry
Construction Industry
Electronics Industry
Others

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Regional analysis:

This report covers South America, North America, Europe, Asia Pacific (APAC), Africa and The Middle East, taking into account the clear evidence of where the market is fully examined, typical market examples, blocks and open access roads for power generation. With a huge population, Asia Pacific has revenues in the picture year, and dominates the Aluminium market share, at any given time. Continuous GDP reform; Institutional progress per capita is becoming urbanized in the metropolitan area. This expanded revenue has led to indulging in top private and unrealistic usage models in the Aluminium market deployed in the region. While an important piece of the Aluminium market center around the global expansion of business, territories such as the Middle East and Africa will grow steadily. Big market development will take place in Latin America because of the small expansion producers' attempts at profits. In Europe, a lethargic improvement is expected due to mood-oriented rules and early stages.

Find Out:

Aluminium market: Where are the opportunities? What does the future look like for Aluminium? What will be the market size in the next 5 years?
Aluminium Market trends: What is driving the market? Where are the key players? What are their strategies? What is holding the market behind? Where is the industry heading for in the short and long-term? How are new developments expected to change the market?
Technology: How are new technologies shaping the Aluminium market?

What are the new revenue channels which companies can explore for growth?       

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Due to the onset of COVID-19 pandemic, several economies across the world have experienced harsh economic downturn. The industrialists across North America, Europe, Asia Pacific, Latin America and Middle East and Africa were facing problems due to changing preferences of the customers and demand fluctuation. The market research report covers pre-Covid-19 data for the Aluminium market in years 2018 and 2020. Further, the report also covers forecast Covid-19 data from 2021 to 2026, which provides future outlook of the market for the manufacturers and suppliers.

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